Arctic mines face thawing permafrost disaster
As the big thaw continues, more and more mines are likely to see water inundation and issues with their tailing’s dams.
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Zacatecas Silver aims to add shine to Mexico silver sector
Eric Sprott invested, and the company has 19,338 acres in the Fresnillo Silver Belt.
Canadian miner is ‘optimistic’ of end ahead in Mexican standoff
Americas Gold is optimistic that a dispute that has shuttered one of its mines for about 14 months can be resolved this week.
Fortune Bay updates Goldfields resource in Saskatchewan
The indicated resources total 22.6 million tonnes at 1.34 g/t gold, for 975,000 oz., with inferred resources of 6 million tonnes grading 0.92 g/t gold.
Iron ore price drops sharply on weak Chinese demand concerns
Chinese iron ore and coke futures were dragged down by concerns over weak demand for the steelmaking ingredients, as markets eyed the possibility of further production cuts in the top steel-producing city of Tangshan.
Equinox releases feasibility on expansion of “cornerstone” Castle Mountain
The expansion would increase production to an average of 218,000 gold oz. annually.
Monarch expands McKenzie Break envelope
Drill highlights include 13.8 metres of 8.46 g/t gold from 290 metres.
Nexa Resources halts zinc mine in Brazil
The miner has detected unusual ground displacements at the Extremo Norte mine, part of the Vazante complex.
Gold price down after upheaval in Turkey
Another central bank firing in Turkey, a major gold buyer, strengthened the US dollar and drove down prices.
